As previously reported, Nokia on Monday held a groundbreaking ceremony that kicked-off development of the company’s first manufacturing facility in Vietnam. The new plant is located in Vietnam-Singapore Industrial Park in Bac Ninh >>

Over the last few months, Nokia has closed scaled back several of its Western factories and shed over 3,000 employees in a recent effort to cut costs. The Finnish handset maker will shift its manufacturing >>

Bloomberg Businessweek writes that Apple’s 16 GB iPhone 4, which retails for $599 off-contract or $199 on-contract, costs approximately $188 to manufacture. The report comes as a result of an iSuppli teardown that analyzed >>